15, LAUREL CLOSE, FOLKESTONE, CT20 3PP - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 LAUREL CLOSE is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £299,981. It was last sold for £160,000 in June 2012, which was around 45% below the average June 2012 detached price in the Folkestone and Hythe local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

15 LAUREL CLOSE Sold Prices

Land registry data shows one sale for 15 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Folkestone and Hythe local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 12 JUN	£160,000	£288,422	45% below HPI

What might 15 LAUREL CLOSE be worth now?

15 LAUREL CLOSE might now be worth an estimated £299,981.

This is based on house price inflation of 87.5%, between June 2012 and May 2026, for detached houses, in the Folkestone and Hythe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.5% inflationary increase is applied to the most recent sale price for 15 LAUREL CLOSE of £160,000 on 12th June 2012. For the value to have increased from £160,000 to £299,981 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of 15 LAUREL CLOSE has moved in line with the HPI for detached houses in the Folkestone and Hythe local authority area.
• The June 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LAUREL CLOSE has not materially changed since June 2012.

How Large is 15 LAUREL CLOSE?

15 LAUREL CLOSE is 59m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Folkestone, based on EPC data. The below chart shows the distribution of detached houses by size in Folkestone, and where 15 LAUREL CLOSE lies on this distribution: 2% of detached houses are smaller than 15 LAUREL CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Folkestone.

15 LAUREL CLOSE: Plot

15 LAUREL CLOSE sits on a plot of roughly 0.059 of an acre, or 240m².

Where is 15 LAUREL CLOSE?

15 LAUREL CLOSE is located in FOLKESTONE, in the CT20 postcode district.